THW Rights Offering: Postmortem

Apr. 27, 2021 1:41 PM ETabrdn World Healthcare Fund (THW), THQTHW, THQ44 Comments

Summary

  • THW's offering was undersubscribed.
  • The NAV hit from the offering was relatively small (about -1.2%).
  • We show how one could have taken advantage of the offering to gain 20% free shares of THW.
  • Looking for a helping hand in the market? Members of CEF/ETF Income Laboratory get exclusive ideas and guidance to navigate any climate. Learn More »
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Author's note: This article was released to CEF/ETF Income Laboratory members on April 13, 2021, with certain numbers updated.

Tekla World Healthcare Fund's (NYSE:THW) rights offering expired on April 6, 2021.

Tekla World Healthcare Fund Announces Completion of its Rights

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This article was written by

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Stanford Chemist is a scientific researcher by training. For the past decade he has been providing analysis and evidence-based ways of generating profitable investments with CEFs and ETFs. He leads the investing group CEF/ETF Income Laboratory.

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